Business
Interest rates expected to be held as Budget looms
Kevin PeacheyCost of living correspondent Policymakers at the Bank of England are widely expected to hold interest rates at 4% following…
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Business
Business
UOB Q3 net profit tumbles to S$443 million as it shores up pre-emptive general allowances
UOB’s net profit for the third quarter ended Sep 30, 2025, fell as the lender “pre-emptively set aside” additional allowances. Net profit…
Business
Eyes turn to space to feed power-hungry data centres
TECH firms are floating the idea of building data centres in space and tapping into the sun’s energy to meet out-of-this-world power…
Business
British stablecoin regime to keep pace with US, official says
The UK central bank will unveil its proposed regime on stablecoin regulations on Monday Bank of England (BOE) deputy governor Sarah…
Business
Europe: Shares close higher with earnings in spotlight; tech stocks waver
EUROPEAN shares recovered towards the close to end higher on Wednesday, after falling earlier in the session when a selloff in technology…
Business
Steven Madden CEO Edward Rosenthal: ‘The Worst is Behind Us’
Steven Madden Ltd. CEO Edward Rosenthal had great news about the shoe firm’s prospects, and investors cheered. Shares of Madden spiked up…
Business
Coty Sees Sales Slip in Q1 as Gucci License Loss Looms
Coty Inc.‘s sales slipped in the first three months of fiscal 2026, the beauty company reported Wednesday, just weeks after it was…
Business
EXCLUSIVE: Saks Off 5th Sets Nine Store Closings
Saks Off 5th, the off-price retailer within Saks Global, will close nine of its 79 locations beginning in January, WWD has learned. The…
Business
McDonald’s is losing its lowest-income customers — and it’s not hard to see why
The results are in. McDonald’s latest earnings report sheds light on the growing divide among U.S. consumers—as the wealthiest Americans…
Business
Postings for this AI job are up 800%
Many big companies have cited AI as a reason for recent layoffs. But the new technology transforming the workforce may create some new…
Business
Tesla shareholders will vote on whether to make Musk the world’s first trillionaire
Elon Musk turned off many potential buyers of his Tesla cars and sent sales plunging with his foray into politics. But the stock has…
Business
Google and Epic end their feud with a deal that changes how Android works
Fortnite maker Epic Games and Google just agreed on a “comprehensive settlement” that could be the final chapter in Epic’s long battle…
Business
Hard Assets for Uncertain Times
During periods of economic uncertainty, investors often turn to tangible assets that offer stability beyond traditional markets. Hard…
Business
What we know about prisoners at Wandsworth Prison mistakenly released
Manhunts are under way after two men were mistakenly released from Wandsworth Prison in London in the past week. The first, released last…
Business
What needs to change to get more people working?
Jennifer MeierhansBusiness reporter A report has outlined major changes needed to get the hundreds of thousands of "economically inactive"…
Business
Forget AI companions. This $249 AI ring lets you talk to yourself
There’s a new AI companion in town. Just don’t call it that. Launching today, Stream Ring is a wearable device that lets you capture your…
Business
Saucony Continues to Lead Growth at Wolverine as Running Category Dominates Market
Wolverine Worldwide continued to see its turnaround efforts bear fruit in the third quarter. The Rockford, Mich.-based footwear company…
Business
The Download: the solar geoengineering race, and future gazing with the The Simpsons
—David Keith is the professor of geophysical sciences at the University of Chicago and Daniele Visioni is an assistant professor of earth…
Business
EV maker Seres steps out of Huawei’s shadow with Hong Kong listing debut
For years, Seres Group leaned on Chinese technology champion Huawei Technologies to transform an assembler of cheap minivans into the…
Business
Nippon Steel excludes US Steel from profit guidance on ‘significant’ market challenges
The exclusion is attributed to current US steel market conditions, cost rises and heightened uncertainty in the US market Nippon Steel,…
Business
McDonald's beats sales estimates as value meals pull in cautious diners
McDonald’s beat estimates for third-quarter global comparable sales on Wednesday (Nov 5) as affordable meal offers from the fast-food…
Business
Hong Kong arrests 80 in one of its biggest crypto frauds
Hong Kong police said on Wednesday (Nov 5) they have arrested dozens of suspects in connection with one of the city’s largest crypto fraud…
Business
Trusts Affiliated With Descendants of Leonard A. Lauder Seek to Sell Over $1 Billion of Stock
The family of Leonard A. Lauder is seeking to sell over $1 billion of the Estée Lauder Cos. stock. Trusts affiliated with descendants of…
Business
Nissan to cut Rogue production in Japan over Nexperia fallout: source
The automaker plans to cut output of the Rogue sport-utility vehicle by about 900 vehicles in the week starting Nov 10 Nissan Motor will…